This May, Cara McNulty posted on LinkedIn that she was stepping down as president of behavioral health and mental well-being at CVS Health (NYSE: CVS). She wrote warmly of her five-year tenure at CVS, calling it the “experience and honor of a lifetime” while praising company CEO Karen Lynch as “a leader of leaders.” But […]
Category: Technology
Measurement-based care has been hailed by payers and providers as essential to promoting evidence-based, individualized treatment. Substance use disorder (SUD) providers hoping to craft new reimbursement arrangements or improve patient outcomes must establish robust internal measurement systems. Collecting patient data alone does not drive change, however. Providers must also leverage their findings to adjust treatment […]
In 2020, Derek Bullard felt a calling to help children with autism again. As CEO and founder of Already Autism Heath in Georgia, Bullard has watched his latest company grow rapidly since it began four years ago, expanding its initial service to three additional states. But running a new health care company focused on autism […]
It’s safe to say that artificial intelligence (AI) will have a role in the future of the behavioral health industry. However, the American public is doubtful of health information generated by AI chatbots. A new poll from health policy organization KFF found that only 29% of the public trusts AI chatbots, like ChatGPT or Google […]
Virtual behavioral health provider Spring Health has announced a new program focused on addressing patients’ social determinants of health (SDoH). Dubbed Community Care Solution, Spring plans to offer the program through its employer and health plan partners. The new service aims to improve the conditions that impact a patient’s mental health, including their ability to […]
The behavioral health industry’s use of technology has lagged behind other segments of the health care sector. Two of the industry’s biggest providers want to change that track record. LifeStance Health Group Inc. (Nasdaq: LFST) and Acadia Healthcare (Nasdaq: ACHC) are taking different approaches to developing their digital strategies. However, both are exploring AI and […]
Eleos Health has raised $40 million in its Series B round, giving the AI-focused startup a total of $68 million raised since its founding in 2020. The company uses AI to quantify therapy sessions, converting live audio into documentation and care quality tracking data. Menlo Park, California-based venture capital firm Menlo Ventures led the funding […]
There’s a big problem with measurement-based care in behavioral health that few are talking about: the fact that many clinicians are highly skeptical of payers. While most therapists use clinical assessments to care for patients, many are concerned about privacy and how health plans will use the data that’s shared with them. These attitudes come […]
The majority of large employers report seeing the impact of increased mental health issues in the wake of the COVID-19 pandemic. That’s according to the Business Group on Health’s 2024 Large Employer Healthcare Strategy Survey, which included responses from 152 employers representing 19 million covered lives. Seventy-seven percent of employers said that they are seeing […]
More than 40% of polled behavioral health industry insiders believe the addiction and substance use disorder (SUD) treatment space has the most significant growth opportunity moving forward. That’s according to a new survey from Kipu and Behavioral Health Business, which included answers from 164 clinical and administrative staff members, C-suite level executives and others about […]